Coinbase Met with Regulators to Discuss Banking License

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The cryptocurrency industry and the mainstream financial system haven’t been the best of friends over the years, but according to a Wall Street Journal report, Coinbase may be on its way to merging the two. The San Francisco-based crypto platform is reported to have held talks with banking industry regulators about a possible entrance into the mainstream financial services industry, a move that would allow Coinbase to diversify its product offerings and steer clear of the murky state of regulation in the crypto industry. The Benefits And The Costs Quoting a source familiar with the matter, the WSJ reported on May 18

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